Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. explain the need for health insurance in the unite

Explain the need for health insurance in the United States from an economic perspective and address...

70.2K

Verified Solution

Question

Economics

Explain the need for health insurance in the United States froman economic perspective and address the benefits and limitations ofprivatized and public provision of health insurance. In doing soexplain how each approach deals with the concepts of riskmitigation, adverse selection, and moral hazard

Answer & Explanation Solved by verified expert
4.1 Ratings (501 Votes)
The Health Insurance coverage in US nation are assisted by the both private and public schemes Most of the working people have medical insurance coverage under employers insurance policy In order to cover medical insurance for all set of people US Fed government has categorized the medical insurance coverage into different types ranging by the age economic status of each citizens in the country The Fed backs up the insurance coverage for both economical weaker sections under the category of medicaid policy and also for Elderly people under the category    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Highlight 3 different kinds of reflex’s, going from simple to more complex based reflexes. What makes...

Medical Sciences
Q

Explain the following observations, using diagrams to illustrate your answer wherever possible: (a) Steel nails used to...

Mechanical Engineering
Q

At the beginning of 20X1, the accounting records of Friends Corp. reported the following:   Preferred shares, 6,800...

Accounting
Q

I 4 A solution has a pH of 7 What is the concentration to protons...

Biology
Q

Two identical metallic small spheres of radius R are placed at very large separation and...

Physics
Q

Cavalieri s Principle states that any two objects with the same cross sectional areas and...

Geometry
Q

Let part of a two part problem P 8 6 cos 61 sin 6t Enter...

Calculus
Q

Meredith acquires 5,216 shares of Grey-Sloan with NQOs and 18,488 shares with ISOs. The Fair...

Accounting
Q

Research one of the learning objectives from the chapter. Create a post relating the researched...

Accounting
Q

Current Attempt in Progress (Activity ratios) The following financial information is for Ambroise...

Accounting
Q

Halfway Industries produces two products. Information about the products is as follows: Clocks Headphones...

Accounting
Q

Fly-By-Night Couriers is analysing the possible acquisition of Flash-in-the-Pan Restaurants. Neither firm has debt. The...

Finance